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News 2003

 

CONTACT INFORMATION



Bryce Cooper
bcooper@harriscomputer.com
(613) 226-5511 ext. 2132

FOR IMMEDIATE RELEASE
Harris Announces the Purchase of the Financial Product Line and Related Business from Manatron, Inc.

OTTAWA, ONTARIO, May 30, 2003 - Harris Computer Systems ("Harris"), a leading provider of financial management software solutions for utilities and local governments, today announced that it has purchased substantially all of the assets and assumed certain liabilities related to Manatron’s Financials Product Line ("Manatron").

As a result of the sale, Harris now owns all of the Fund Accounting, Payroll, Utility Billing and related software that Manatron had developed or acquired over the last fifteen years. Harris will immediately be responsible for the support of the more than 500 Manatron customers who are currently using these solutions. Harris now services over 1,000 customers throughout North America, the majority of which are in the United States.

In addition, virtually all members of the Manatron Financials Product Team will become employees of Harris and will continue to serve the customer base. This group of employees will further add to the depth and experience at Harris bringing the total number of employees to 95. Harris will also establish an office in Michigan to manage customer support and ongoing development of the Manatron product suites.

Harris President and CEO Jeff Bender stated, "We are extremely excited about the tremendous opportunity we have to continue building meaningful and mutually beneficial relationships with the former Manatron customers.  Harris is committed, focused and successful in our markets of choice. I believe that we will provide all of our new customers with outstanding service and support, a number of very good options for the future, and a lot of flexibility.  We believe in working with our customers to address their specific needs and circumstances and do not believe in forcing our agenda on them.  With this transaction, we will also see the benefits of establishing an ongoing relationship with Manatron as our two companies collaborate and work together for the mutual benefit of our customers."

Manatron President and CEO Paul Sylvester stated, "We are very pleased to announce the sale of our Financials Suite of products and related business as this will enable us to focus more closely on our property tax and appraisal businesses, which is really our core competence. Furthermore, we are extremely confident that both our customers and our employees will be in better hands with Harris as they have an extensive 26-year history focused solely on financial and utility billing software and services. We have committed to work closely with Harris for as long as it takes to ensure a smooth transition for our customers."

About Harris
Harris is a leading provider of financial management and utility Customer Information Systems (CIS) and billing software solutions.  Since 1976, Harris has focused on providing feature-rich and robust turnkey solutions to all levels of local government as well as public power and water markets throughout North America. Harris' focus is on creating long-term relationships with our customers and ensuring that we meet the changing needs of our customers over time. For further information on Harris Computer Systems, visit our website at www.harriscomputer.com.

About Manatron, Inc.
Manatron, Inc. designs, develops, markets and supports a family of web-based and client/server application software products for county, city and township governments. Manatron’s products support the back-office processes for these government agencies and also facilitate the "Virtual Courthouse" by providing Internet access to information for industry professionals and the public or by processing transactions over the Internet such as the payment of property taxes. Manatron provides mass appraisal services, through its Sabre Appraisal Division, assessing residential, commercial and other types of properties to ensure updated and equitable property valuations. Manatron currently operates out of regional offices in Michigan, Illinois, Indiana, Ohio, Pennsylvania, Florida, and North Carolina and serves approximately 1,500 customers in 29 states and three Canadian provinces. Information about Manatron, Inc. is available at the Company's site on the World Wide Web at www.manatron.com.

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